Perhaps many of us are focusing on ETH 2.0 and unusually high transaction fees, but let's look at the consensus protocol we are expecting on ETH 2.0. I and many people prefer POS over POW for reasons of investment costs, decentralization, security and energy efficiency. In addition, ETH's current POW is not completely "ASIC resistant".
However, there are also opinions that miners do not like POS, because they have invested a lot in the POW system, so they only have 2 options: sell mining machines to buy ETH & become part of the POS system or switch to another POS platform.
Will this affect the future of ETH much? Will ETH 2.0 using POS be as successful as we expected? What do you think about this, please share.
If you see at all the new, innovative and advance blockchain network projects you will see that no one is coming up with pow algorithm anymore rather pos is the preferred algorithm in all these projects so Ethereum is doing the right thing by upgrading to pos, just imagine the demand for eth around november when hopefully pos will launch, I can expect the eth price to go really crazy and it can form new highs so the bulls are not far away.